Home Care Operators Prepare for Year 2 of COVID-19

At the beginning of the COVID-19 crisis, Senior Helpers CEO Peter Ross couldn’t tell the difference between Tuesday and Saturday. When you’re on the phone with China and India, doing whatever you can to find personal protective equipment (PPE), days of the week go by the wayside. If there’s one thing that has changed in […]

Biden Administration Includes ‘Home Care Workforce Crisis’ in New Pandemic Plan

President Joe Biden focused on the ongoing COVID-19 pandemic during his first full day in office Thursday. In doing so, he once again drew attention to home-based care and getting the current “workforce crisis” under control. “Our national strategy is comprehensive,” Biden said during an address from the White House. “It’s based on science, not […]

What President Joe Biden’s ‘American Rescue Plan’ Means for Home Care Operators

Before President Joe Biden was sworn in on Wednesday, he had already unveiled plans for another massive stimulus package, one that could help home-based care providers in some ways — and hurt them in others. Under the new president’s “American Rescue Plan,” for instance, there would be $400 billion put forth to increase COVID-19 testing […]

Home-Based Care Ally Signify Health Files for $100M IPO

It appears some health care companies are still opting to go public the old-fashioned way. Signify Health — a value-based care platform that uses advanced analytics and other technology to shift health services toward the home — filed an S-1 on Tuesday, indicating its intention of going public. The move comes roughly a year and […]

The Pennant Group Acquires Arizona Home Health Provider; Caring People Lands Multiple Home Care Companies

Pennant kicks off 2021 M&A activity The Pennant Group Inc. (Nasdaq: PNTG) has kicked off its 2021 M&A push. The Eagle, Idaho-based post-acute care provider announced Tuesday it has acquired Sacred Heart Home Health Care, which provides home health services in Phoenix and Tucson, Arizona. The acquisition was effective Jan. 16, 2021. “This strategic, off-market […]

Investing More Heavily in Home-Based Senior Care Shouldn’t Mean ‘Abolishing Nursing Homes’

The COVID-19 emergency has prompted policymakers and health care executives to rethink senior care in the United States, particularly when it comes to greater investment around the home. But increased support for home-based care services should not automatically mean the death of nursing homes and other long-term care facilities. That is a “false dichotomy” that […]

Top Home Health, Home Care Legal Concerns for 2021

Wage-and-hour litigation, confusing state-level regulations and an increase in federal audits were among the biggest legal trends of 2020. While many of these issues will remain in the year ahead, 2021 will also bring several more legal hurdles for home-based care providers. The decision of whether to mandate COVID-19 vaccinations for home health and home […]

Wage Bumps, Training and Long-Term Care Financing: Recommendations for Improving Caregiver Job Quality

The demand for caregivers continues to grow significantly. But unless job quality improves, filling these roles will be an uphill battle. That’s according to PHI, a New York-based advocacy organization for direct care workers. On Tuesday, the organization released a new report detailing recommendations to improve job quality for caregivers. Overall, the direct care workforce […]

59% of Health Care CFOs See Home Care as Key Investment Area

The majority of health care financial leaders view home care as a key area of investment. That’s according to a recent survey from BDO, a Chicago-based accounting, tax, financial advisory and consulting organization. Released Monday, the survey includes the responses of 100 CFOs at U.S. health care organizations, including home health providers, with revenues ranging […]